Franklin India Retirement Fund is a mutual fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹479 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.3% a year and its Regular plan returned 6.5% a year.
NAV (Direct plan)
₹235.73
▼ 0.22% · 30-10-2026
NAV (Regular plan)
₹213.04
▼ 0.22% · 30-10-2026
Expense ratio
1.52%Direct2.25%Regular
1.52%
A year
Riskometer
Not available
Set by the fund house
3 year return
7.3%Direct6.5%Regular
7.3%
A year
Franklin India Retirement Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹235.73 (down 0.22% that day); Regular Plan Growth ₹213.04 (down 0.22% that day).
This fund (Direct plan)
₹235.7257
Franklin India Retirement Fund Returns
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.79%
−2.49%
−0.61%
−3.40%
+7.27%
+6.59%
+7.54%
This fund (Regular)
−0.85%
−2.66%
−0.97%
−4.10%
+6.46%
+5.78%
+6.73%
Category average
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Best in category
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Worst in category
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Rank in category
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is CRISIL Short Term Debt Hybrid 60+40 Index. Returns of that index are not available to us.
Franklin India Retirement Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
−3.21%
−3.79%
2025
+5.10%
+4.28%
2024
+13.46%
+12.59%
2023
+14.93%
+14.05%
2022
+4.34%
+3.53%
2021
+10.57%
+9.72%
Franklin India Retirement Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,667 periods, one for each trading day from 01-01-2016 to 30-10-2026.
0%5%10%15%20%25%
Franklin India Retirement Fund (Direct)
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Franklin India Retirement Fund (Direct)
0%
Below 0%
4%
0-5%
51%
5-10%
35%
10-15%
9%
15-20%
0%
20-25%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
3,155
9.1%
−5.8%
41.2%
5%
2 years
2,913
9.8%
0.8%
27.0%
0%
3 years
2,667
9.6%
2.6%
20.9%
0%
5 years
2,174
9.1%
4.6%
15.1%
0%
7 years
1,685
9.1%
7.2%
12.3%
0%
10 years
941
9.5%
7.4%
11.4%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
154
9.0%
−11.1%
42.4%
8%
2 years
142
9.5%
−2.4%
30.1%
1%
3 years
130
9.6%
0.0%
16.6%
0%
5 years
106
8.7%
3.3%
13.1%
0%
7 years
82
9.1%
6.3%
11.6%
0%
10 years
46
9.3%
7.6%
10.5%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.
Franklin India Retirement Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Franklin India Retirement Fund (Direct)This fund
Return (CAGR)
−3.40%
Standard deviation
5.41%
Sharpe ratio
-1.60
Sortino ratio
-2.07
Maximum drawdown
−5.9%
(30-03-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Franklin India Retirement Fund (Direct)This fund
Return (CAGR)
+7.27%
Standard deviation
5.41%
Sharpe ratio
0.23
Sortino ratio
0.31
Maximum drawdown
−5.9%
(30-03-2026)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Franklin India Retirement Fund (Direct)This fund
Return (CAGR)
+6.59%
Standard deviation
5.47%
Sharpe ratio
0.14
Sortino ratio
0.19
Maximum drawdown
−7.4%
(17-06-2022)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Franklin India Retirement Fund (Direct)This fund
Return (CAGR)
+7.54%
Standard deviation
5.76%
Sharpe ratio
0.37
Sortino ratio
0.50
Maximum drawdown
−13.8%
(23-03-2020)
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Franklin India Retirement Fund (Direct)This fund
Return (CAGR)
+9.37%
Standard deviation
6.13%
Sharpe ratio
0.54
Sortino ratio
0.73
Maximum drawdown
−13.8%
(23-03-2020)
From daily NAVs, 01-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−15%−10%−5%0%
Franklin India Retirement Fund (Direct)
2014201620182020202220242026
Franklin India Retirement Fund (Direct)
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Franklin India Retirement Fund (Direct)
−13.8%
19-02-2020
23-03-2020
21-10-2020
7 months
−3.8%
From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.
Franklin India Retirement Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
1.21%
0.03%
0.00%
0.28%
1.52%
Regular
1.84%
0.03%
0.00%
0.38%
2.25%
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−4.10%
−3.40%
0.70%
₹95,900
₹96,600
3 years
6.46%
7.27%
0.81% a year
₹1,20,659
₹1,23,434
5 years
5.78%
6.59%
0.81% a year
₹1,32,440
₹1,37,589
10 years
6.73%
7.54%
0.81% a year
₹1,91,807
₹2,06,871
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Franklin India Retirement Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planFranklin India Retirement Fund (Direct)
₹16,60,000
₹30,32,569
₹13,72,569
8.3%
Regular planFranklin India Retirement Fund (Regular)
₹16,60,000
₹28,47,266
₹11,87,266
7.4%
₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L
Direct planFranklin India Retirement Fund (Direct)
Regular planFranklin India Retirement Fund (Regular)
Amount invested
2014201620182020202220242026
Direct planFranklin India Retirement Fund (Direct)Regular planFranklin India Retirement Fund (Regular)Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Franklin India Retirement Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
56.9%Debt
Asset
Fund
Debt
56.9%
Equity
35.1%
Cash and others
8.0%
Market cap of stocks
Market cap
Fund
Large Cap
20.9%
Mid Cap
6.2%
Small Cap
7.5%
Not on AMFI's list
0.5%
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Credit rating
Bonds and money market papers by credit rating, % of the fund.
Rating
Fund
Sovereign
2.1%
AAA and A1+
44.3%
AA
10.4%
Franklin India Retirement Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks7.1%
Automobiles2.3%
Pharmaceuticals & Biotechnology1.9%
Consumer Durables1.9%
Retailing1.8%
Industrial Products1.6%
Capital Markets1.6%
Aerospace & Defense1.5%
Healthcare Services1.4%
Telecom - Services1.3%
The ten largest of 27 sectors. The other 17 add up to 12.6%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
8.9%
8.0%
7.1%
−1.9%
Automobiles
1.7%
1.8%
2.3%
+0.6%
Pharmaceuticals & Biotechnology
1.4%
1.9%
1.9%
+0.5%
Consumer Durables
1.8%
1.9%
1.9%
+0.1%
Retailing
1.6%
1.8%
1.8%
+0.2%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Franklin India Retirement Fund Portfolio Holdings
As on 30-09-2026 · 63 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
7.48% National Bank For Agriculture & Rural Development (15-Sep-2028) · Bond
IND AAA
9.37%
0.00% Jubilant Bevco Ltd (31-May-2028) · Bond
CRISIL AA
6.26%
7.68% Small Industries Development Bank Of India (10-Aug-2027) · Bond
CRISIL AAA
5.42%
7.90% Bajaj Housing Finance Ltd (28-Apr-2028) · Bond
CRISIL AAA
5.37%
7.70% Poonawalla Fincorp Ltd (21-Apr-2028) · Bond
CRISIL AAA
5.35%
7.90% LIC Housing Finance LTD (23-Jun-2027) · Bond
CARE AAA
5.33%
7.03% National Bank for Financing Infrastructure and Development (08-Apr-2030) · Bond
CRISIL AAA
5.25%
0.00% Jubilant Beverages Ltd (31-May-2028) · Bond
CRISIL AA
4.17%
Canara Bank (30-Nov-2026) · Certificate of deposit
CRISIL A1+
3.10%
8.75% Bharti Telecom Ltd (05-Nov-2028) · Bond
CRISIL AAA
2.27%
7.66% Maharashtra SDL (04-Mar-2047) · State government security
SOVEREIGN
2.15%
0.00% REC Ltd (03-Nov-2034) · Bond
CRISIL AAA
1.76%
Axis Bank Ltd
Banks
1.71%
0.0%
State Bank of India
Banks
1.60%
0.0%
ICICI Bank Ltd
Banks
1.60%
−7.9%
HDFC Bank Ltd
Banks
1.48%
−26.1%
Eternal Ltd
Retailing
1.34%
0.0%
Bharti Airtel Ltd
Telecom - Services
1.28%
0.0%
Larsen & Toubro Ltd
Construction
1.18%
0.0%
Infosys Ltd
IT - Software
1.17%
0.0%
Mahindra & Mahindra Ltd
Automobiles
1.17%
0.0%
Bharat Electronics Ltd
Aerospace & Defense
1.17%
0.0%
8.3774% Kotak Mahindra Investments Ltd (21-Jun-2027) · Bond
CRISIL AAA
1.07%
Kirloskar Oil Engines Ltd
Industrial Products
0.96%
0.0%
Reliance Industries Ltd
Petroleum Products
0.87%
−33.3%
Ultratech Cement Ltd
Cement & Cement Products
0.78%
0.0%
Dixon Technologies (India) Ltd
Consumer Durables
0.77%
+16.7%
Cipla Ltd
Pharmaceuticals & Biotechnology
0.76%
0.0%
Tata Power Co Ltd
Power
0.75%
0.0%
Pine Labs Ltd
Financial Technology (Fintech)
0.72%
0.0%
RBL Bank Ltd
Banks
0.72%
0.0%
Global Health Ltd
Healthcare Services
0.71%
0.0%
Britannia Industries Ltd
Food Products
0.71%
+4.5%
Marico Ltd
Agricultural Food & Other Products
0.69%
0.0%
Dr. Reddy's Laboratories Ltd
Pharmaceuticals & Biotechnology
0.67%
+8.3%
Metropolis Healthcare Ltd
Healthcare Services
0.66%
0.0%
Tata Steel Ltd
Ferrous Metals
0.65%
0.0%
TVS Motor Co Ltd
Automobiles
0.64%
New
Franklin India Long Term Fund -Direct Plan -Growth
Mutual Fund
0.64%
Astral Ltd
Industrial Products
0.63%
New
Asian Paints Ltd
Consumer Durables
0.60%
+20.0%
Phoenix Mills Ltd
Realty
0.59%
0.0%
Angel One Ltd
Capital Markets
0.57%
0.0%
Ashok Leyland Ltd
Agricultural, Commercial & Construction Vehicles
0.56%
+16.7%
Amber Enterprises India Ltd
Consumer Durables
0.54%
0.0%
Sbi Funds Management Ltd
Capital Markets
0.54%
New
360 One Wam Ltd
Capital Markets
0.54%
New
Interglobe Aviation Ltd
Transport Services
0.52%
0.0%
Hyundai Motor India Ltd
Automobiles
0.51%
0.0%
Eris Lifesciences Ltd
Pharmaceuticals & Biotechnology
0.50%
0.0%
Lenskart Solutions Ltd
Retailing
0.48%
0.0%
ICICI Lombard General Insurance Co Ltd
Insurance
0.46%
0.0%
TBO Tek Ltd
Leisure Services
0.46%
+9.4%
Exide Industries Ltd
Auto Components
0.43%
New
Suzlon Energy Ltd
Electrical Equipment
0.41%
0.0%
Cholamandalam Investment and Finance Co Ltd
Finance
0.41%
0.0%
PB Fintech Ltd
Financial Technology (Fintech)
0.40%
0.0%
Emmvee Photovoltaic Power Ltd
Electrical Equipment
0.40%
+20.8%
Data Patterns India Ltd
Aerospace & Defense
0.31%
New
Aptus Value Housing Finance India Ltd
Finance
0.24%
0.0%
ZF Commercial Vehicle Control Systems India Ltd
Auto Components
0.17%
−30.7%
Timken India Ltd
Industrial Products
0.07%
0.0%
Sedemac Mechatronics Ltd
Auto Components
0.02%
New
Franklin India Retirement Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
HDFC Bank Ltd
↓Reduced
−26.1%
1.48%
ICICI Bank Ltd
↓Reduced
−7.9%
1.60%
Reliance Industries Ltd
↓Reduced
−33.3%
0.87%
Dixon Technologies (India) Ltd
↑Added
+16.7%
0.77%
Britannia Industries Ltd
↑Added
+4.5%
0.71%
Dr. Reddy's Laboratories Ltd
↑Added
+8.3%
0.67%
TVS Motor Co Ltd
↑New
New
0.64%
Astral Ltd
↑New
New
0.63%
Asian Paints Ltd
↑Added
+20.0%
0.60%
Ashok Leyland Ltd
↑Added
+16.7%
0.56%
Sbi Funds Management Ltd
↑New
New
0.54%
360 One Wam Ltd
↑New
New
0.54%
TBO Tek Ltd
↑Added
+9.4%
0.46%
Exide Industries Ltd
↑New
New
0.43%
CESC Ltd
↓Sold out
−100%
was 0.40%
Emmvee Photovoltaic Power Ltd
↑Added
+20.8%
0.40%
Hindustan Aeronautics Ltd
↓Sold out
−100%
was 0.34%
Data Patterns India Ltd
↑New
New
0.31%
ZF Commercial Vehicle Control Systems India Ltd
↓Reduced
−30.7%
0.17%
Lemon Tree Hotels Ltd
↓Sold out
−100%
was 0.02%
Sedemac Mechatronics Ltd
↑New
New
0.02%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Franklin India Retirement Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.52%
Expense ratio (Regular)
2.25%
Category
Solution
Risk
Not available
Launch date
31-03-1997
Minimum investment
500/1
Minimum additional investment
500/1
AUM
₹479.34 Cr (30-09-2026)
Lock in
5 years, or until retirement if earlier
Scheme code (Direct)
118548
ISIN (Direct)
INF090I01JZ3
Scheme code (Regular)
100536
ISIN (Regular)
INF090I01510
NAV history
From 01-01-2013, 13.8 years
Benchmark
CRISIL Short Term Debt Hybrid 60+40 Index
Exit load
3% if redeemed before the age of 58 years (subject to lock-in period) and target amount. Nil, if redeemed after the age of 58 years
Tax on Franklin India Retirement Fund returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹235.7257
30-10-2026
direct
IDCW
₹17.9304
30-10-2026
regular
Growth
₹213.0397
30-10-2026
regular
IDCW
₹16.1754
30-10-2026
About Franklin India Retirement Fund
Franklin India Retirement Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Solution. It was launched on 31-03-1997. Its benchmark is CRISIL Short Term Debt Hybrid 60+40 Index. At the end of September 2026 it held 63 securities.
Fund Manager
Anuj Tagra
Fund manager of Franklin India Retirement Fund, since 30-04-2024
Chandni Gupta
Fund manager of Franklin India Retirement Fund, since 01-10-2026
Rajasa Kakulavarapu
Fund manager of Franklin India Retirement Fund, since 06-09-2021
Ajay Argal
Fund manager of Franklin India Retirement Fund, since 04-10-2024
Frequently Asked Questions for Franklin India Retirement Fund
What is the current NAV of Franklin India Retirement Fund?
The Direct plan NAV is ₹235.7257. The Regular plan NAV is ₹213.0397, as on 30-10-2026.
What are the returns of Franklin India Retirement Fund?
The Direct plan returned −3.40% in 1 year, +7.27% a year over 3 years, +6.59% a year over 5 years. The Regular plan returned −4.10% in 1 year, +6.46% a year over 3 years, +5.78% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Franklin India Retirement Fund?
The Direct plan charges 1.52% a year. The Regular plan charges 2.25% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Franklin India Retirement Fund?
Franklin India Retirement Fund managed ₹479.34 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Franklin India Retirement Fund?
At the end of September 2026 the largest holdings were 7.48% National Bank For Agriculture & Rural Development (15-Sep-2028) (9.37%), 0.00% Jubilant Bevco Ltd (31-May-2028) (6.26%), 7.68% Small Industries Development Bank Of India (10-Aug-2027) (5.42%), 7.90% Bajaj Housing Finance Ltd (28-Apr-2028) (5.37%), 7.70% Poonawalla Fincorp Ltd (21-Apr-2028) (5.35%). The fund held 63 securities in all.
What did Franklin India Retirement Fund buy and sell in September 2026?
It bought 7 new stocks: Astral Ltd, Sedemac Mechatronics Ltd, Data Patterns India Ltd, Exide Industries Ltd, 360 One Wam Ltd. It sold out of 3: Hindustan Aeronautics Ltd, CESC Ltd, Lemon Tree Hotels Ltd. It added shares in 7. It reduced 4.
How do I invest in Franklin India Retirement Fund?
Through Franklin Templeton Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least 500/1. You can invest once or through a monthly SIP.
Who is the fund manager of Franklin India Retirement Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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